Freightos Limited Ordinary shares (CRGO)

NASDAQ: CRGO · IEX Real-Time Price · USD
3.45
-0.08 (-2.27%)
At close: Mar 31, 2023, 4:00 PM
3.62
+0.17 (4.93%)
After-hours: Mar 31, 2023, 7:17 PM EDT
-2.27%
Market Cap 27.36M
Revenue (ttm) 19.09M
Net Income (ttm) -24.70M
Shares Out 7.93M
EPS (ttm) -4.25
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 57,857
Open 3.55
Previous Close 3.53
Day's Range 3.45 - 3.58
52-Week Range 2.86 - 31.15
Beta n/a
Analysts Buy
Price Target 10.71 (+210.44%)
Earnings Date n/a

About CRGO

Freightos Ltd., owns and operates an online freight marketplace. It connects importers and exporters, providing instant comparison, booking, and management of air, ocean, and land shipments from forwarders. Further, the company offers freight software solutions, such as Freightos AcceleRate that offers freight rate management, instant freight quotes, and business intelligence; Enterprise Shipper that offers freight tariff control, real-time landed pricing, routing, and spend analytics; Freightos WebCargo; and Freightos Shipping Calculator which... [Read more]

Sector Industrials
Founded 2012
Country Hong Kong
Stock Exchange NASDAQ
Ticker Symbol CRGO
Full Company Profile

Financial Performance

In 2022, Freightos's revenue was $19.09 million, an increase of 71.67% compared to the previous year's $11.12 million. Losses were -$24.70 million, 51.0% more than in 2021.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for CRGO stock is "Buy." The 12-month stock price forecast is $10.71, which is an increase of 210.44% from the latest price.

Price Target
$10.71
(210.44% upside)
Analyst Consensus: Buy
Stock Forecasts

News

OPEN FOR BUSINESS: Three Chinese Master Loaders Available for Air Booking on WebCargo

Freight Forwarders Can Now Instantly Compare, Book, and Pay Sinoair, CIMC Anda Shun, and Sinotech to Move Air Cargo on World's Busiest Lane BARCELONA, Spain , March 30, 2023 /PRNewswire/ -- WebCargo b...

2 days ago - PRNewsWire

Shipping Platform Freightos Slices Cargo Growth Forecast

The online freight booking business expects 2023 revenue growth of 15% to 21%, down from a prior forecast of 87%.

2 weeks ago - WSJ

Freightos Announces Record Fiscal Year 2022 Results

Key growth drivers include the doubling of both the number and the value of transactions, in addition to successful strategic acquisitions. Annual revenue increased by 72%.

2 weeks ago - PRNewsWire

Freightos to Announce 2022 Financial Results on Monday, March 13, 2023

JERUSALEM , March 6, 2023 /PRNewswire/ -- Freightos (Nasdaq: CRGO), a leading, vendor-neutral booking and payment platform for the vast international freight industry, today announced it will report i...

3 weeks ago - PRNewsWire

JetBlue Cargo, operated by AeroNex Cargo, to offer real-time cargo pricing, eBooking and payment for US forwarders via WebCargo

Innovative US carrier to enable seamless booking and payment on WebCargo, the leading cargo booking platform MIAMI and BARCELONA, Spain, Jan. 31, 2023 /PRNewswire/ -- Domestic cargo plays a key role i...

2 months ago - PRNewsWire

Freightos (CRGO) Stock Soars 30% After SPAC Merger

Shares of Freightos (NASDAQ: CRGO) rose as much as 30% following the company's successful completion of a special purpose acquisition company (SPAC) merger. The company, which is based in the Cayman ...

2 months ago - InvestorPlace

Freightos makes public debut on Nasdaq as SPAC market tanks

(Updated January 26, 2022, 9:15 a.m. ET) Freightos, a digital freight marketplace that instantly connects ocean, air and truck carriers with shippers, was publicly listed on the Nasdaq exchange Thursd...

2 months ago - FreightWaves

Freightos, a Leading, Vendor-Neutral Booking and Payment Platform for International Freight, Lists on Nasdaq

Raised more than $80 million to fund growth strategy, anticipated to be in excess of cash needed to reach positive cash flow Leader in digitizing global shipping - one of the largest but most traditio...

2 months ago - PRNewsWire